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Yotuh Energy Secures ₹1.53 Crore Funding for Cold Chain Logistics

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Yotuh Energy Secures ₹1.53 Crore Funding for Cold Chain Logistics

by Geraldine S.
08/20/2024
in Logistics & Transportation

Yotuh Energy Private Limited, a clean technology startup incubated by IIT Madras, has secured ₹1.53 crore in funding, led by Campus Angels Network. The startup specializes in powering vehicle refrigeration systems for first and last mile cold chain logistics. The newly acquired funds will be allocated towards product development, testing, operations, and team expansion, all aimed at accelerating the company’s vision of transforming cold chain logistics.

With a focus on pioneering electric refrigeration systems, this funding will enhance Yotuh Energy’s proprietary adaptive control technology, reduce operational costs, and promote more sustainable and efficient practices within the industry. To date, the company has received grants and awards from the Ministry of Agriculture, DST, MeitY, Acumen, ACIR (US Embassy to India), IIT Madras Incubation Cell, and Daimler India Commercial Vehicles.

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